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Full: For 1...8...10 seconds, target foe's movement speed is reduced by 66%. While under the effects of an enchantment, that foe's movement is reduced by 90%.
Concise: (1...8...10 seconds.) Target foe moves 66% slower. This foe moves 90% slower if enchanted.
While using snaring skills against the opposing team's Guild BattleFlag runner is almost always a good idea, Icy Shackles can be especially devastating as it will frequently slow a flagger by the skill's maximum debuff of 90% due to either the runner using enchantment-based speed buffs or the application of protective enchantments by the opposing team in an effort to protect their flagger.